Tracxn's proprietary #taxonomy brings to you top #BusinessModels in Top Business Models in Sustainability Tech Report https://tracxn.com/platform/file-manager/file/ZmlsZUlkPVdKckFtR25LMWN3ZHF3cXB1b3NhdTZ0NVExRVZFYWQzYW1EaTlSQzBYcWc%3D Get our free reports on #PracticeArea or #sector of your interest to your mailbox regularly https://rb.gy/cx2upn

1. TRACXN TOP BUSINESS MODELS REPORT
May 24, 2023
SUSTAINABILITY TECH

2. Sustainability Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Contents
Sustainability Tech Funding Overview 3
Top Funded Business Models 4
One Pagers 9
Appendix 59
2

3. Sustainability Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Funding in last 1 year
3
Green Transport $10.0B
Circular Economy $4.4B
Air Pollution Management Tech $4.1B
Renewable Energy Tech $3.5B
Energy Efficiency Tech $2.3B
Solid Waste Management Tech $2.1B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
Antler
We Founder Circle
15
11
10
Early
Stage
Lowercarbon Capital
Breakthrough Energy
Collab Fund
12
10
9
Late
Stage
S2G Ventures
Temasek
CPP Investments
6
6
5
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (44%)
India (9%)
United Kingdom (7%)
France (7%)
China (6%)
Sweden (5%)
Germany (4%)
Others (18%)
$ Funding # Rounds
Northvolt
(2016, Sweden)
$1.1B - Series C
Summit Carbon Solutions
(2020, United States)
$1.0B - Series D
VOYAH
(2019, China)
$637M - Series A
Octopus Energy
(2015, United Kingdom)
$550M - Series F
Rimac Automobili
(2009, Croatia)
$536M - Series D
LanzaTech
(2005, United States)
$500M - Series F
EcoVadis
(2007, France)
$500M - Series D
Form Energy
(2009, United States)
$450M - Series E
Electrify America
(2016, United States)
$450M - Series C
Levdeo
(2008, China)
$447M - Series A
Xpansiv
(2016, United States)
$400M - Series D
Serentica Renewables
(2022, India)
$400M - Series D

4. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲3 EV Charging Network Operators $1.8B 27 Electrify Ame.. | $450M | Series C Link
2<> 0 Electric Car Manufacturers $1.8B 13 VOYAH | $637M | Series A Link
3▲6 Electric Scooter Manufacturers $800M 25 Ola Electric | $300M | Series D Link
4▲20 Carbon Credit Trading Platform $732M 46 Xpansiv | $400M | Series D Link
5▲14 Antibiotics $642M 22 Everest Medic.. | $280M | Series D Link
6▲1 Green Utilities $639M 5 Octopus Energy | $550M | Series F Link
7▲1 Utility Bill Management Software $573M 5 Octopus Energy | $550M | Series F Link
8▲17 Fuel From Waste $530M 9 LanzaTech | $500M | Series F Link
9▲9 Plug In Electric Vehicle Chargers $423M 27 Span.IO | $96.5M | Series B Link
10-- Syngas From Waste $360M 6 Viridi Energy | $320M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11-- Methane Pyrolysis $352M 4 Monolith | $300M | Series D Link
12<> 0 Carbon Sequestration By Adsorption $333M 3 Svante | $318M | Series E Link
13▼2 Electric Vehicle Rentals $326M 3 Lime | $310M | Series D Link
14▲18 Automotive Batteries Manufacturers $322M 7 One AI | $300M | Series B Link
15-- Waste Gas to Electricity $320M 2 Viridi Energy | $320M | Series D Link
16▼3 E-Bike Rental $310M 2 Lime | $310M | Series D Link
17▼7 Lithium Battery Recycling $309M 8 Ascend Elements | $200M | Series C Link
18▼13 Electric Four Wheeler Li-Ion Battery $300M 1 One AI | $300M | Series B Link
19▼16 eVTOL Manufacturers $250M 5 Volocopter | $182M | Series E Link
20▼14 Electrical Aircraft $236M 21 ZeroAvia | $80.2M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▼4 Diagnostic Tests for Infections $233M 12 Molbio Diagn.. | $85.0M | Series C Link
22-- Drugs for Ovarian Cancer $221M 1 ArsenalBio | $221M | Series B Link
23▲24 Hydrogen Electrolyzers $221M 15 Ohmium | $250M | Series C Link
24▼9 Microfinance Providers $211M 9 Arohan | $89.2M | Series C Link
25▲16 Charging Station Management Software $210M 21 Virta | $71.9M | Series D Link
26▼4 Enzyme based Carbon Sequestration $200M 1 Solugen | $200M | Series D Link
27▲3 Electric Motorcycle Manufacturers $195M 20 Zero Motorcyc.. | $107M | Series G Link
28-- Affordable Housing Developers $174M 7 Clanmil Housing | $111M | Series D Link
29▼1 Commercial Energy Management Systems $170M 22 Infogrid | $90.0M | Series B Link
30-- Electric Rickshaw Manufacturers $151M 3 TI Clean Mobi.. | $145M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31-- Affordable Housing Finance $143M 4 Shubham | $112M | Series E Link
32-- Sustainable Fabrics $142M 6 Recover | $100M | Series D Link
33-- Waste Sorting Robots $137M 5 AMP Robotics | $91.2M | Series C Link
34-- Anti-Hepatitis Drugs $130M 5 Ancora Biotech | $60.0M | Series A Link
35▼9 Utility Data Management $129M 2 Arcadia | $129M | Series D Link
36▲14 Solar Products ECommerce $127M 1 Waaree | $127M | Series C Link
37-- Radiological Image Analysis Software $126M 4 Vayyar | $108M | Series E Link
38-- Breast Cancer Imaging Devices $108M 1 Vayyar | $108M | Series E Link
39▼16 Electric Truck Manufacturers $97.3M 8 Einride | $200M | Series C Link
40-- Employee Family Benefits Management $90.0M 1 Maven | $90.0M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41-- Drugs for Reproductive Disorders $88.5M 9 Comanche | $36.1M | Series C Link
42-- Electric Dumper Manufacturers $84.7M 2 Boreton Tech.. | $84.7M | Series C Link
43-- Electric Bicycle Rentals $83.0M 5 Yulu | $83.0M | Series B Link
44-- Electric Commercial Vehicle Manufacturers $70.8M 4 Quantron | $50.4M | Series A Link
45-- eCar Ride Hailing Platforms $70.3M 5 BluSmart | $37.0M | Series B Link
46-- Electric 3 wheeler Cargo Manufacturers $69.3M 4 Euler Motors | $60.0M | Series C Link
47-- Internet First Farm Loans Marketplace $69.0M 7 Jai Kisan | $50.0M | Series B Link
48▼13 Demand Response Management Systems $63.2M 7 OhmConnect | $55.0M | Series D Link
49-- Online Car Subscription Platform $60.0M 2 Onto | $60.0M | Series C Link
50-- Grid Analytics Software $54.9M 4 eSmart Systems | $40.2M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
EV Charging Network Operators
01
9
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.8B (▲35.9%)
27(▼32.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
31
$4.1B
148
6
575
24
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Charging Solutions (Wallbox)
(# Cos: 1919 | $7.8B)
Station Network (Volta)
(# Cos: 873 | $5.1B)
Charging (EV Connect)
(# Cos: 829 | $4.7B)
Operators (ChargePoint)
(# Cos: 575 | $4.1B)
ChargePoint
(2007, United States, $530M)
Volta
(2010, United States, $90.8M)
Magenta Mobility
(2017, India, $56.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Electrify Ame.. (2016, United States)
$450M - Series C - Jun 2022
DRIVECO (2010, France)
$274M - PE - May 2023
Zeplug (2014, France)
$240M - Series C - Sep 2022
Electra (2021, France)
$168M - Series A - Jun 2022
Jolt Energy (2018, Germany)
$166M - Series D - May 2023
Be.EV (2019, United Kingdom)
$127M - Series D - Oct 2022
Zunder (2018, Spain)
$97.1M - Series D - Oct 2022
View all 27 Funding Rounds on Tracxn Platform

10. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
VOYAH (2019, China)
$637M - Series A - Nov 2022
Rimac Automobili (2009, Croatia)
$536M - Series D - May 2022
Levdeo (2008, China)
$447M - Series A - Nov 2022
Lightyear (2016, Netherlands)
$8.6M - Series B - Feb 2023
$81.0M - Series B - Sep 2022
Aptera Motors (2005, United States)
$40.0M - Series B - Jun 2022
Kate (2022, France)
$7.6M - Angel - Apr 2023
View all 13 Funding Rounds on Tracxn Platform
Electric Car Manufacturers
02
10
Back to index
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Automaker (Ather Energy)
(# Cos: 4537 | $63.5B)
Cars (Tesla)
(# Cos: 324 | $34.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.8B (▼21.1%)
13(▼18.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$34.3B
93
13
324
24
Tesla
(2003, United States, $404M)
Xiaopeng
(2014, China, $2.6B)
Rimac Automobili
(2009, Croatia, $885M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

11. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Scooter Manufacturers
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$800M (▲1.9%)
25( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$3.1B
81
6
417
17
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Automaker (Tesla)
(# Cos: 4537 | $63.5B)
Two Wheelers (Ola Electric)
(# Cos: 941 | $4.0B)
Scooters (Ather Energy)
(# Cos: 417 | $3.1B)
Ather Energy
(2013, India, $336M)
Ola Electric
(2017, India, $1.2B)
Ampere Vehicles
(2008, India, $229M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ola Electric (2017, India)
$300M - Series D - May 2023
Ampere Vehicles (2008, India)
$220M - Series B - Jun 2022
One Moto (2018, United Arab Emirates)
$150M - Series D - Jan 2023
Ather Energy (2013, India)
$50.0M - Series E - Oct 2022
Ray Electric Motors (2019, Spain)
$21.0M - Series A - Dec 2022
Simple Energy (2019, India)
$20.0M - Series A - Feb 2023
Bounce Infinity (2021, India)
$20.0M - Series B - Jan 2023
View all 25 Funding Rounds on Tracxn Platform

12. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Xpansiv (2016, United States)
$125M - Series D - Jan 2023
$400M - Series D - Jul 2022
AirCarbon (2019, Singapore)
$50.0M - Series B - Nov 2022
Carbonext (2010, Brazil)
$40.0M - Series B - Jul 2022
SINAI (2017, United States)
$22.0M - Series A - Sep 2022
Cloverly (1999, United States)
$19.0M - Series A - May 2023
CHOOOSE (2017, Norway)
$15.0M - Series A - Jul 2022
View all 46 Funding Rounds on Tracxn Platform
Carbon Credit Trading Platform
04
12
Back to index
Air Pollution Management Tech (iRobot)
(# Cos: 2182 | $11.0B)
Carbon Management (LanzaTech)
(# Cos: 1089 | $8.5B)
Carbon Offset Trading Platforms
(Xpansiv)
(# Cos: 390 | $1.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$732M (▲143%)
46(▲21.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$1.5B
131
-
390
15
Xpansiv
(2016, United States, $675M)
BeZero Carbon
(2020, United Kingdom, $77.2M)
Flowcarbon
(2021, United States, $70.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

13. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Everest Medic.. (2017, United States)
$280M - Series D - Mar 2023
Vedanta Biosc.. (2010, United States)
$107M - Series E - Apr 2023
ILiAD Biotech.. (2012, United States)
$42.8M - Series D - Sep 2022
Prokarium (2012, United Kingdom)
$30.0M - Series C - Feb 2023
Pattern Biosc.. (2016, United States)
$28.7M - Series C - Apr 2023
Bioversys (2008, Switzerland)
$25.1M - Series C - Jun 2022
Micreos (2005, Netherlands)
$24.6M - Series D - Oct 2022
View all 22 Funding Rounds on Tracxn Platform
Antibiotics
05
13
Back to index
Infectious Diseases (Adaptive Biotechnologies)
(# Cos: 2263 | $31.6B)
Drugs (Moderna)
(# Cos: 1266 | $26.5B)
Bacterial (Spero Therapeutics)
(# Cos: 359 | $6.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$642M (▲77.6%)
22(▲15.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
41
$6.2B
265
39
359
32
Spero Therapeutics
(2013, United States, $115M)
Locus Biosciences
(2015, United States, $67.3M)
Matinas BioPharma
(2011, South Africa, $16.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

14. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Green Utilities
06
14
Back to index
Smart Grid (Bulb)
(# Cos: 2339 | $12.2B)
Green Utilities (Octopus Energy)
(# Cos: 16 | $2.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$639M (▼33.8%)
5( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$2.5B
10
-
16
2
Octopus Energy
(2015, United Kingdom, $2.0B)
Bulb
(2014, United Kingdom, $91.5M)
OVO Energy
(2009, United Kingdom, $258M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Octopus Energy (2015, United Kingdom)
Undisclosed - Series F - Sep 2022
$550M - Series F - Jul 2022
Tesseract (2022, United Kingdom)
$78.0M - Series A - Sep 2022
Ostrom (2020, Germany)
$9.8M - Series A - Dec 2022
Sunne (2017, Brazil)
$1.1M - Seed - Apr 2023

15. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Utility Bill Management Software
07
15
Back to index
Energy Efficiency Tech (AppFolio)
(# Cos: 6837 | $24.4B)
Utility Bill Management (Octopus Energy)
(# Cos: 29 | $2.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$573M (▼40%)
5(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$2.1B
14
-
29
3
Octopus Energy
(2015, United Kingdom, $2.0B)
Amberflo
(2020, United States, $20.0M)
One Utility Bill
(2014, United Kingdom, $6.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Octopus Energy (2015, United Kingdom)
Undisclosed - Series F - Sep 2022
$550M - Series F - Jul 2022
Amberflo (2020, United States)
$15.0M - Series A - Jan 2023
Bia (2022, Colombia)
$6.0M - Seed - Jul 2022
Zero Friction (2018, Belgium)
$2.3M - Seed - Sep 2022

16. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
LanzaTech (2005, United States)
$500M - Series F - Nov 2022
WasteFuel (2019, United States)
$12.7M - Series A - Feb 2023
Sistema (2009, Kenya)
$10.0M - Series B - Oct 2022
Cetogenix (2022, New Zealand)
$4.5M - Seed - Jul 2022
Kvasir Technologies (2018, Denmark)
$2.4M - Seed - Apr 2023
WtE-As (2017, Spain)
Undisclosed - Series A - Dec 2022
ECO Integrate.. (2013, United States)
Undisclosed - Series A - Feb 2023
View all 9 Funding Rounds on Tracxn Platform
Fuel From Waste
08
16
Back to index
Solid Waste Management Tech (AMP Robotics)
(# Cos: 1780 | $9.5B)
Waste-To-Energy (Crusoe Energy)
(# Cos: 185 | $4.2B)
Fuel (LanzaTech)
(# Cos: 112 | $3.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$530M (▲76.2%)
9(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$3.0B
62
2
112
11
LanzaTech
(2005, United States, $869M)
Chromatin
(2000, United States, $122M)
Bio-bean
(2013, United Kingdom, $7.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

17. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Span.IO (2014, United States)
$96.5M - Series B - Mar 2023
EO Charging (2014, United Kingdom)
$80.0M - Series B - Feb 2023
RAW Charging (2018, United Kingdom)
$60.1M - Series D - Jul 2022
Mobility House (2009, Germany)
$50.0M - Series C - Nov 2022
FIMER (1942, Italy)
$43.3M - Series C - Sep 2022
SparkCharge (2014, United States)
$29.0M - Series B - Dec 2022
Indra (2011, United Kingdom)
$23.9M - Series B - Mar 2023
View all 27 Funding Rounds on Tracxn Platform
Plug In Electric Vehicle Chargers
09
17
Back to index
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Charging Solutions (ChargePoint)
(# Cos: 1919 | $7.8B)
Plug in Charging (Wallbox)
(# Cos: 719 | $1.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$423M (▲9.7%)
27(▼10%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
53
$1.7B
192
6
719
23
Wallbox
(2015, Spain, $70.2M)
FreeWire
(2014, United States, $228M)
POD Point
(2009, United Kingdom, $58.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

18. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Syngas From Waste
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$360M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$670M
22
-
33
6
Renewable Energy Tech (SolarEdge)
(# Cos: 3026 | $22.2B)
Bioenergy (Raízen)
(# Cos: 89 | $2.5B)
Syngas (Carbon Engineering)
(# Cos: 35 | $780M)
From Waste (GPS Renewables)
(# Cos: 33 | $670M)
GPS Renewables
(2012, India, $20.0M)
Sistema
(2009, Kenya, $37.6M)
Bioenergy DevCo
(2019, United States, $236M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Viridi Energy (2022, United States)
$320M - Series D - Jun 2022
Bioenergy DevCo (2019, United States)
$30.0M - Series D - Mar 2023
Sistema (2009, Kenya)
$10.0M - Series B - Oct 2022
Kore (2008, United States)
$150K - Seed - Dec 2022
WtE-As (2017, Spain)
Undisclosed - Series A - Dec 2022
SEaB (2018, United Kingdom)
Undisclosed - Seed - Sep 2022

19. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Methane Pyrolysis
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$352M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$452M
7
-
8
3
Energy Storage Tech (ChargePoint)
(# Cos: 5444 | $44.1B)
Hydrogen (Nel Hydrogen)
(# Cos: 350 | $2.9B)
Hydrogen Generation (Lhyfe)
(# Cos: 190 | $2.1B)
Methane Pyrolysis (Monolith)
(# Cos: 8 | $452M)
Monolith
(2012, United States, $300M)
HiiROC
(2019, United Kingdom, $34.6M)
Ekona
(2017, Canada, $69.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Monolith (2012, United States)
$300M - Series D - Jul 2022
Modern Hydrogen (2015, United States)
$32.8M - Series B - May 2023
Levidian (2012, United Kingdom)
$13.5M - Series B - Oct 2022
Ekona (2017, Canada)
$5.5M - Series A - Aug 2022

20. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Carbon Sequestration By Adsorption
12
20
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$333M (▼56%)
3(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.4B
22
-
28
4
Air Pollution Management Tech (iRobot)
(# Cos: 2182 | $11.0B)
Carbon Management (Carbon Clean)
(# Cos: 1089 | $8.5B)
Carbon Capture (LanzaTech)
(# Cos: 260 | $6.0B)
Carbon Sequestration (Solugen)
(# Cos: 46 | $2.1B)
Adsorption (Climeworks)
(# Cos: 28 | $1.4B)
Climeworks
(2009, Switzerland, $762M)
Svante
(2007, Canada, $493M)
Heirloom
(2020, United States, $53.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Svante (2007, Canada)
$15.0M - Series E - Mar 2023
$318M - Series E - Dec 2022
ION Engineering (2008, United States)
Undisclosed - Series A - Mar 2023

21. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Vehicle Rentals
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$326M (▼57.2%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$2.7B
15
1
37
7
Electric Vehicles (ChargePoint)
(# Cos: 9985 | $88.0B)
Vehicle as a Service (Bird)
(# Cos: 1296 | $7.6B)
Multi Category Vehicles (TIER)
(# Cos: 131 | $2.8B)
Free Float (Lime)
(# Cos: 37 | $2.7B)
Lime
(2017, United States, $1.8B)
TIER
(2018, Germany, $660M)
Helbiz
(2016, United States, $8.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lime (2017, United States)
$310M - Series D - Jul 2022
Xingxing Mobility (2019, South Korea)
$15.6M - Series B - Dec 2022
Weego Electric (2014, Spain)
$185K - Seed - Jul 2022

22. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
One AI (2016, United States)
$300M - Series B - Feb 2023
Verkor (2020, France)
$248M - Series C - Nov 2022
$61.2M - Series B - Jul 2022
Log9 Materials (2015, India)
$11.2M - Series B - Jan 2023
$40.0M - Series B - Jan 2023
$20.9M - Series B - Aug 2022
Exponent Energy (2020, India)
$13.0M - Series A - Aug 2022
Automotive Batteries Manufacturers
14
22
Back to index
Auto Components (Cooper Standard)
(# Cos: 10780 | $10.1B)
Electrical and Electronic System (StoreDot)
(# Cos: 46 | $1.5B)
Battery (Log9 Materials)
(# Cos: 40 | $1.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$322M (▲54.7%)
7(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.5B
17
2
40
6
Log9 Materials
(2015, India, $91.2M)
StoreDot
(2012, Israel, $226M)
Exponent Energy
(2020, India, $20.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

23. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Waste Gas to Electricity
15
23
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$320M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$869M
7
1
14
2
Solid Waste Management Tech (AMP Robotics)
(# Cos: 1780 | $9.5B)
Waste-To-Energy (LanzaTech)
(# Cos: 185 | $4.2B)
Electricity (Enexor)
(# Cos: 57 | $1.2B)
Waste Gas (Crusoe Energy)
(# Cos: 14 | $869M)
Crusoe Energy
(2018, United States, $513M)
Phoenix Biopower
(2016, Sweden, $1.3M)
Cryo Pur
(2015, France, $6.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Viridi Energy (2022, United States)
$320M - Series D - Jun 2022
Crusoe Energy (2018, United States)
Undisclosed - Series C - Jun 2022

24. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
E-Bike Rental
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$310M (▼51.2%)
2(▼60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$2.5B
12
1
26
3
Road Transport Tech (Grab)
(# Cos: 20270 | $123B)
Self Drive Rentals (Bird)
(# Cos: 1126 | $6.7B)
Multi Vehicle (Europcar)
(# Cos: 95 | $2.5B)
Own Fleet (Helbiz)
(# Cos: 84 | $2.5B)
Free Float (TIER)
(# Cos: 32 | $2.5B)
Electric (Lime)
(# Cos: 26 | $2.5B)
Lime
(2017, United States, $1.8B)
TIER
(2018, Germany, $660M)
Helbiz
(2016, United States, $8.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lime (2017, United States)
$310M - Series D - Jul 2022
Weego Electric (2014, Spain)
$185K - Seed - Jul 2022

25. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Lithium Battery Recycling
17
25
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$309M (▼60.1%)
8( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.1B
18
2
22
4
Solid Waste Management Tech (Crusoe Energy)
(# Cos: 1780 | $9.5B)
Recycling (AMP Robotics)
(# Cos: 573 | $3.6B)
Tech Enabled Recyclers (Renewcell)
(# Cos: 133 | $1.7B)
Lithium (Redwood Materials)
(# Cos: 22 | $1.1B)
Redwood Materials
(2017, United States, $792M)
Ascend Elements
(2015, United States, $301M)
Lithion Recycling
(2018, Canada, $15.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ascend Elements (2015, United States)
$200M - Series C - Oct 2022
$101M - Series C - Aug 2022
Posh Robotics (2021, United States)
$3.8M - Seed - Jun 2022
tozero (2022, Germany)
$3.5M - Seed - Sep 2022
NEU Battery Mater.. (2021, Singapore)
$577K - Seed - Jun 2022
Lithion Recycling (2018, Canada)
Undisclosed - Series A - Sep 2022
Undisclosed - Series B - Jul 2022
View all 8 Funding Rounds on Tracxn Platform

26. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Four Wheeler Li-Ion Battery
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$300M (▼76.7%)
1(▼80%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$2.9B
17
6
60
3
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Components (KPIT Technologies)
(# Cos: 746 | $8.2B)
Batteries (Log9 Materials)
(# Cos: 279 | $6.3B)
Four Wheelers (QuantumScape)
(# Cos: 93 | $3.9B)
Diversified (Microvast)
(# Cos: 74 | $2.9B)
Lithium-Ion (A123 Systems)
(# Cos: 60 | $2.9B)
A123 Systems
(2001, China, $201M)
Microvast
(2006, United States, $430M)
One AI
(2016, United States, $390M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
One AI (2016, United States)
$300M - Series B - Feb 2023

27. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
eVTOL Manufacturers
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$250M (▼84.5%)
5(▼44.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$4.1B
48
5
72
8
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Automaker (Tesla)
(# Cos: 4537 | $63.5B)
Aerial (Lilium)
(# Cos: 197 | $4.5B)
Vertical Take-Off And Landing
(Joby Aviation)
(# Cos: 72 | $4.1B)
Joby Aviation
(2009, United States, $690M)
Lilium
(2015, Germany, $375M)
Ehang
(2014, China, $52.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Volocopter (2011, Germany)
$182M - Series E - Nov 2022
SkyDrive (2018, Japan)
$66.6M - Series C - Sep 2022
HopFlyt (2016, United States)
$1.5M - Seed - Nov 2022
BETA (2012, United States)
Undisclosed - Series B - Jun 2022
Dufour Aerospace (2017, Switzerland)
Undisclosed - Series B - Jan 2023

28. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electrical Aircraft
20
28
Back to index
Aerospace Tech (Lilium)
(# Cos: 762 | $5.2B)
Electric Aircraft (Joby Aviation)
(# Cos: 235 | $3.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$236M (▼76.9%)
21(▲23.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$3.1B
82
5
235
14
Joby Aviation
(2009, United States, $690M)
Lilium
(2015, Germany, $375M)
Elroy Air
(2016, United States, $60.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ZeroAvia (2017, United States)
$80.2M - Series C - Oct 2022
$30.0M - Series B - Jul 2022
Bee Flights (2022, India)
$36.3M - Series C - Dec 2022
VoltAero (2018, France)
$31.7M - Series B - Nov 2022
TCab Tech (2021)
$14.7M - Seed - Feb 2023
Bye Aerospace (2007, United States)
$14.0M - Series C - Nov 2022
Heart Aerospace (2018, Sweden)
$10.0M - Series A - Sep 2022
View all 21 Funding Rounds on Tracxn Platform

29. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Molbio Diagnostics (2010, India)
$85.0M - Series C - Sep 2022
Visby Medical (2010, United States)
$35.0M - Series E - Jun 2022
SpeeDx (2009, Australia)
$26.0M - Series C - Feb 2023
Gemelli Biotech (2018, United States)
$19.0M - Series A - Jun 2022
DeepUll (2020, Spain)
$18.0M - Series B - Mar 2023
Zhuhai Meihua Medical.. (2010, China)
$14.3M - Series B - Dec 2022
Biofire Diagn.. (1990, United States)
$14.0M - Series A - Nov 2022
View all 12 Funding Rounds on Tracxn Platform
Diagnostic Tests for Infections
21
29
Back to index
Infectious Diseases (Moderna)
(# Cos: 2263 | $31.6B)
In Vitro Diagnostic Tests (Prenetics)
(# Cos: 815 | $4.7B)
Diversified (Sherlock)
(# Cos: 406 | $3.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$233M (▼42.1%)
12(▼29.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
49
$3.5B
218
25
406
21
Sherlock
(2019, United States, $111M)
Prenetics
(2009, China, $67.7M)
Visby Medical
(2010, United States, $331M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

30. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Drugs for Ovarian Cancer
22
30
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$221M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$306M
3
1
4
1
Women Health (Hologic)
(# Cos: 832 | $7.6B)
Drugs (Evofem)
(# Cos: 138 | $2.0B)
Cancer (Atossa Therapeutics)
(# Cos: 15 | $381M)
Ovarian Cancer (ArsenalBio)
(# Cos: 4 | $306M)
ArsenalBio
(2019, United States, $306M)
Nuvectis Pharma
(2020, United States)
KeViRx
(2017, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ArsenalBio (2019, United States)
$221M - Series B - Sep 2022

31. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Hydrogen Electrolyzers
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$221M (▲53%)
15(▼11.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.1B
51
5
126
12
Energy Storage Tech (ChargePoint)
(# Cos: 5444 | $44.1B)
Hydrogen (Nel Hydrogen)
(# Cos: 350 | $2.9B)
Hydrogen Generation (ITM Power)
(# Cos: 190 | $2.1B)
Electrolysis (Lhyfe)
(# Cos: 126 | $1.1B)
Lhyfe
(2017, France, $96.9M)
ITM Power
(2001, United Kingdom)
Ohmium
(2019, United States, $295M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ohmium (2019, United States)
$250M - Series C - Apr 2023
Electric Hydr.. (2004, United States)
$198M - Series B - Jun 2022
Hystar (2020, Norway)
$26.0M - Series B - Jan 2023
H2SITE (2019, Spain)
$13.2M - Series A - Jun 2022
Marvel-Tech (2015)
$7.3M - Seed - Aug 2022
H2WIN (2013, Belgium)
$3.3M - Series A - Oct 2022
SunGreenH2 (2020, Singapore)
$2.0M - Seed - Aug 2022
View all 15 Funding Rounds on Tracxn Platform

32. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Microfinance Providers
24
32
Back to index
Microfinance (Fusion Microfinance)
(# Cos: 714 | $3.9B)
Microcredit (Fincare Small Finance Bank)
(# Cos: 702 | $3.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$211M (▼51.3%)
9(▼30.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
28
$3.8B
176
13
702
10
Fincare Small Finance ..
(2007, India, $195M)
Fusion Microfinance
(2010, India, $202M)
Muthoot Microfin
(2010, India, $108M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Arohan (2006, India)
$89.2M - Series C - Mar 2023
Gojo (2014, Japan)
$48.0M - Series E - Nov 2022
Light Microfinance (2009, India)
$24.6M - Series B - Sep 2022
Avanti (2016, India)
$24.0M - Series B - Apr 2023
Annapurna Finance (2009, India)
$15.0M - Series E - Jun 2022
Muthoot Microfin (2010, India)
$10.0M - Series B - Sep 2022
Djoin (2020, Indonesia)
$1.0M - Seed - Jul 2022
View all 9 Funding Rounds on Tracxn Platform

33. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Charging Station Management Software
25
33
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$210M (▲21.9%)
21(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$571M
83
-
239
17
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Charging Solutions (Wallbox)
(# Cos: 1919 | $7.8B)
Station Network (Volta)
(# Cos: 873 | $5.1B)
Charging (ChargePoint)
(# Cos: 829 | $4.7B)
Station Management IT (EV Connect)
(# Cos: 239 | $571M)
EV Connect
(2009, United States, $49.9M)
SWTCH
(2018, Canada, $10.8M)
Weave Grid
(2018, United States, $50.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Virta (2013, Finland)
$71.9M - Series D - Apr 2023
Xeal (2019, United States)
$40.0M - Series B - Nov 2022
Weave Grid (2018, United States)
$35.0M - Series B - Nov 2022
Monta (2020, Denmark)
$30.3M - Series A - Sep 2022
AMPECO (2018, Bulgaria)
$13.0M - Series A - Jan 2023
ChargeLab (2019, Canada)
$10.0M - Series A - Apr 2023
EcoG (2017, Germany)
$6.4M - Series A - Dec 2022
View all 21 Funding Rounds on Tracxn Platform

34. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Enzyme based Carbon Sequestration
26
34
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M (▼44%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$637M
3
1
3
1
Air Pollution Management Tech (iRobot)
(# Cos: 2182 | $11.0B)
Carbon Management (Carbon Clean)
(# Cos: 1089 | $8.5B)
Carbon Capture (LanzaTech)
(# Cos: 260 | $6.0B)
Carbon Sequestration (Climeworks)
(# Cos: 46 | $2.1B)
BioTech (Living Carbon)
(# Cos: 7 | $677M)
Enzymes (Solugen)
(# Cos: 3 | $637M)
Solugen
(2016, United States, $637M)
CO2 Solutions
(1997, Canada)
Arrhenius
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Solugen (2016, United States)
$200M - Series D - Nov 2022

35. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Motorcycle Manufacturers
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$195M (▼23.2%)
20(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$864M
72
2
229
9
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Automaker (Tesla)
(# Cos: 4537 | $63.5B)
Two Wheelers (Ather Energy)
(# Cos: 941 | $4.0B)
Motorcycles (Damon)
(# Cos: 229 | $864M)
Damon
(2017, Canada, $65.5M)
Ultraviolette
(2016, India, $63.7M)
Zero Motorcycles
(2006, United States, $454M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zero Motorcyc.. (2006, United States)
$107M - Series G - Sep 2022
Ultraviolette (2016, India)
$24.0M - Series D - Nov 2022
$10.0M - Series D - Aug 2022
ION Mobility (2019, Singapore)
$18.7M - Series A - Feb 2023
Dat Bike (2018, Vietnam)
$8.0M - Series B - Nov 2022
Scorpio Electric (2017, Singapore)
$6.8M - Series B - Jan 2023
Verge Motorcycles (2019, Finland)
$5.3M - Series A - Feb 2023
View all 20 Funding Rounds on Tracxn Platform

36. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Affordable Housing Developers
28
36
Back to index
Affordable Housing (Aptus Value Housing Finance India)
(# Cos: 4559 | $1.4B)
Developers (Planet Smart City)
(# Cos: 3357 | $679M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$174M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
41
$679M
108
5
3357
2
Planet Smart City
(2015, United Kingdom, $245M)
Great Places
(1972, United Kingdom, $24.8M)
United Dwelling
(2018, United States, $10.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Clanmil Hous.. (1977, United Kingdom)
$111M - Series D - Oct 2022
Homz (2020, United States)
$50.0M - Seed - Mar 2023
Westhaven at .. (2022, United States)
$6.7M - Series A - Jul 2022
Build To Stay (2021, United States)
$2.8M - Seed - Jun 2022
TRC Briarwick (2022, United States)
$1.8M - Seed - Sep 2022
Zander Park A.. (2020, United States)
$1.4M - Seed - Jul 2022
Vector Housing (2020, United Kingdom)
$547K - Seed - Mar 2023

37. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Commercial Energy Management
Systems
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$170M (▼38.5%)
22(▼37.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
94
$3.1B
349
11
1106
35
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6837 | $24.4B)
Energy Management System (Alarm.com)
(# Cos: 3013 | $9.2B)
Building Automation Systems (Schneider
Electric)
(# Cos: 1986 | $6.2B)
BEMS (Landis+Gyr)
(# Cos: 1106 | $3.1B)
Landis+Gyr
(1896, Switzerland, $1.0B)
Enlighted
(2009, United States, $83.2M)
GridPoint
(2003, United States, $539M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Infogrid (2018, United Kingdom)
$90.0M - Series B - Apr 2023
Willow (2017, Australia)
$28.8M - Series A - Dec 2022
Operto (2005, Canada)
$25.0M - Series B - Mar 2023
Kterio (2020, United Kingdom)
$10.0M - Series A - Aug 2022
Virtual Facil.. (2017, United States)
$9.0M - Seed - Jun 2022
Beeldi (2017, France)
$8.3M - Series A - Nov 2022
KODE Labs (2017, United States)
$8.0M - Series A - Aug 2022
View all 22 Funding Rounds on Tracxn Platform

38. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Rickshaw Manufacturers
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$151M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$213M
13
2
178
3
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Automaker (Tesla)
(# Cos: 4537 | $63.5B)
Commercial Vehicles (Arrival)
(# Cos: 613 | $6.8B)
Light Commercial Vehicles (Nuro)
(# Cos: 406 | $2.6B)
Multi Category (GMW)
(# Cos: 181 | $215M)
Rickshaws (ETO Motors)
(# Cos: 178 | $213M)
ETO Motors
(2018, India, $12.2M)
GMW
(2010, India, $50.0M)
3evi
(2019, India, $5.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TI Clean Mobility (2022, India)
$145M - Series D - Feb 2023
ETO Motors (2018, India)
$3.3M - Seed - Sep 2022
3evi (2019, India)
$2.5M - Seed - Jul 2022

39. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Affordable Housing Finance
31
39
Back to index
Affordable Housing (India Shelter Finance Corporation)
(# Cos: 4559 | $1.4B)
Financing (Aptus Value Housing Finance India)
(# Cos: 173 | $703M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$143M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$703M
24
8
173
4
Aptus Value Housing Fi..
(2009, India, $196M)
India Shelter Finance ..
(2010, India, $111M)
Aadhar Housing Finance
(2010, India, $17.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Shubham (2010, India)
$112M - Series E - Jun 2022
Aviom (2016, India)
$30.0M - Series D - Mar 2023
Brazos Reside.. (2021, United States)
$1.3M - Seed - Jun 2022
India Shelter Finance.. (2010, India)
$17.7K - Angel - Dec 2022

40. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Recover (1947, Spain)
$100M - Series D - Jun 2022
Worn Again (2005, United Kingdom)
$31.1M - Series C - Oct 2022
Rubi (2020, United States)
$8.7M - Seed - Mar 2023
Circular Syst.. (2017, United States)
$1.8M - Series A - Nov 2022
ALT TEX (2020, Canada)
$125K - Seed - Sep 2022
Stuff4Life (2020, United Kingdom)
Undisclosed - Seed - Feb 2023
Sustainable Fabrics
32
40
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Advanced Materials (STORA ENSO)
(# Cos: 1783 | $12.4B)
Textile (Evrnu)
(# Cos: 31 | $239M)
Sustainable Fabrics (Rubi)
(# Cos: 29 | $232M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$142M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$232M
20
-
29
3
Rubi
(2020, United States, $13.5M)
Evrnu
(2014, United States, $26.0M)
EnviroFlight
(2009, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

41. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Waste Sorting Robots
33
41
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$137M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$328M
17
-
24
4
Solid Waste Management Tech (Crusoe Energy)
(# Cos: 1780 | $9.5B)
Recycling (Lohum)
(# Cos: 573 | $3.6B)
Automated Sorting (Recycleye)
(# Cos: 40 | $372M)
Robots (AMP Robotics)
(# Cos: 24 | $328M)
AMP Robotics
(2015, United States, $178M)
Smarter Sorting
(2015, United States, $62.4M)
Ishitva Robotics Systems
(2018, India, $1.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AMP Robotics (2015, United States)
$8.0M - Series C - May 2023
$91.2M - Series C - Nov 2022
Everest Labs (2018, United States)
$16.1M - Series A - Jul 2022
Gongye Technology (2018, China)
$14.9M - Series A - Jul 2022
Smarter Sorting (2015, United States)
$7.0M - Series B - Aug 2022

42. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Anti-Hepatitis Drugs
34
42
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$1.2B
38
8
51
2
Infectious Diseases (Spero Therapeutics)
(# Cos: 2263 | $31.6B)
Drugs (Adaptive Biotechnologies)
(# Cos: 1266 | $26.5B)
Viral (Moderna)
(# Cos: 614 | $13.5B)
Hepatitis (Eiger
BioPharmaceuticals)
(# Cos: 51 | $1.2B)
Eiger BioPharmaceuticals
(2008, United States, $8.9M)
Aligos Therapeutics
(2018, United States, $225M)
Finch Therapeutics
(2004, United States, $184M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ancora Biotech (2021, United States)
$60.0M - Series A - Jun 2022
Bluejay Thera.. (2021, United States)
$41.0M - Series B - Aug 2022
Shanghai Hepu Pharmac.. (2013, China)
$14.9M - Series A - Jul 2022
Kemi Biopharmaceutical (China)
$14.1M - Series A - Sep 2022
Shanghai Auson Pharma.. (2019, China)
Undisclosed - Series B - Aug 2022

43. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Arcadia (2014, United States)
$129M - Series D - Dec 2022
Metry (2012, Sweden)
Undisclosed - Series A - Jun 2022
Utility Data Management
35
43
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Smart Grid (Octopus Energy)
(# Cos: 2339 | $12.2B)
Utility Management (Petra)
(# Cos: 731 | $2.6B)
Data Management (Arcadia)
(# Cos: 32 | $512M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$129M (▼57.2%)
2(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$512M
12
-
32
3
Arcadia
(2014, United States, $500M)
Greenbird
(2010, Norway, $10.8M)
Bettergy
(2012, Spain)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

44. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Solar Products ECommerce
36
44
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$127M (▼0.6%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$404M
5
-
37
2
Renewable Energy Tech (First Solar)
(# Cos: 3026 | $22.2B)
Solar Energy (SolarEdge)
(# Cos: 1534 | $12.2B)
ECommerce (zolar)
(# Cos: 133 | $1.2B)
Products (Enpal)
(# Cos: 43 | $949M)
Retail (Waaree)
(# Cos: 37 | $404M)
Waaree
(1989, India, $143M)
zolar
(2016, Germany, $176M)
Milk the Sun
(2011, Germany, $82.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Waaree (1989, India)
$127M - Series C - Sep 2022

45. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Vayyar (2011, Israel)
$108M - Series E - Jun 2022
sonio (2020, France)
$8.0M - Series A - Dec 2022
$5.3M - Series A - Jun 2022
Vara (2016, Germany)
$4.4M - Series A - Oct 2022
Radiological Image Analysis Software
37
45
Back to index
Clinical Labs IT (Siemens Healthineers)
(# Cos: 2574 | $7.7B)
Radiology (Vayyar)
(# Cos: 22 | $389M)
Image Analysis (Kheiron Medical
Technologies)
(# Cos: 22 | $389M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$126M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$389M
16
-
22
5
Kheiron Medical Techno..
(2016, United Kingdom, $27.9M)
Vayyar
(2011, Israel, $300M)
ScreenPoint
(2014, Netherlands, $33.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

46. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Breast Cancer Imaging Devices
38
46
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$108M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$330M
7
-
10
3
Oncology (Guardant Health)
(# Cos: 5384 | $120B)
Medical Devices (Vayyar)
(# Cos: 10 | $330M)
Imaging (UE LifeSciences)
(# Cos: 10 | $330M)
Breast Cancer (Niramai)
(# Cos: 10 | $330M)
Niramai
(2016, India, $14.0M)
UE LifeSciences
(2009, United States, $4.8M)
Vayyar
(2011, Israel, $300M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Vayyar (2011, Israel)
$108M - Series E - Jun 2022

47. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Truck Manufacturers
39
47
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$97.3M (▼68.7%)
8(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$2.3B
22
4
45
8
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Automaker (Tesla)
(# Cos: 4537 | $63.5B)
Commercial Vehicles (Nuro)
(# Cos: 613 | $6.8B)
Trucks (Nikola Motor)
(# Cos: 45 | $2.3B)
Nikola Motor
(2014, United States, $760M)
Einride
(2016, Sweden, $652M)
Xos
(2016, United States, $20.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Einride (2016, Sweden)
$200M - Series C - Dec 2022
DeepWay (2002, China)
$112M - Series A - Mar 2023
$67.3M - Series A - Aug 2022
Volta Trucks (2019, Sweden)
$62.3M - Series C - Nov 2022
Tevva (2013, United Kingdom)
$52.2M - Series B - May 2022
Orange EV (2012, United States)
$35.0M - Series A - Aug 2022
HV Systems (2017, United Kingdom)
$27.3M - Series A - Sep 2022
View all 8 Funding Rounds on Tracxn Platform

48. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Maven (2014, United States)
$90.0M - Series E - Nov 2022
Employee Family Benefits Management
40
48
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Employee Health IT (Gympass)
(# Cos: 4198 | $26.3B)
Healthcare Benefits Administration (Progyny)
(# Cos: 8 | $541M)
Family Benefits (Maven)
(# Cos: 7 | $538M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$90.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$538M
7
1
7
3
Maven
(2014, United States, $300M)
Progyny
(2008, United States, $67.4M)
Ovia Health
(2012, United States, $23.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

49. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Comanche (2020, United States)
$36.1M - Series C - May 2023
Sprout Pharma.. (2011, United States)
$7.1M - Series D - Apr 2023
$28.0M - Series D - Aug 2022
Gameto (2020, United States)
$17.0M - Series A - Sep 2022
YourChoice Th.. (2017, United States)
$15.0M - Series A - Jul 2022
CleopatraRx (2019, United States)
$250K - Seed - Mar 2023
Avana Health (2021, United States)
$128K - Seed - Nov 2022
View all 9 Funding Rounds on Tracxn Platform
Drugs for Reproductive Disorders
41
49
Back to index
Women Health (Hologic)
(# Cos: 832 | $7.6B)
Drugs (ArsenalBio)
(# Cos: 138 | $2.0B)
Reproductive Diseases (Forendo Pharma)
(# Cos: 41 | $600M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$88.5M ( -- )
9( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$600M
30
4
41
3
Forendo Pharma
(2013, Finland, $25.6M)
ObsEva
(2012, Switzerland, $94.7M)
OvaScience
(2011, United States, $77.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Dumper Manufacturers
42
50
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$84.7M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$123M
1
-
3
1
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Automaker (Tesla)
(# Cos: 4537 | $63.5B)
Off Highway Vehicles (Rivian)
(# Cos: 114 | $10.8B)
High Tip Dumpers (Boreton
Technology)
(# Cos: 3 | $123M)
Boreton Technology
(2016, China, $123M)
Ecovolve
(2010, Ireland)
VPL
(1996, Pakistan)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Boreton Technology (2016, China)
$84.7M - Series C - Jan 2023
Undisclosed - Series C - Jul 2022

51. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Yulu (2017, India)
$83.0M - Series B - Sep 2022
HumanForest (2019, United Kingdom)
$15.0M - Series A - Apr 2023
Pony (2017, United Kingdom)
$6.6M - Series A - Apr 2023
Xiaoxiang Vehicle (China)
$3.0M - Series A - May 2022
Zoomo (2017, Australia)
Undisclosed - Series B - Jul 2022
Electric Bicycle Rentals
43
51
Back to index
Electric Vehicles (TIER)
(# Cos: 9985 | $88.0B)
Vehicle as a Service (Lime)
(# Cos: 1296 | $7.6B)
Bicycles (Yulu)
(# Cos: 245 | $501M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$83.0M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$501M
33
-
245
6
Yulu
(2017, India, $105M)
Wheels
(2017, United States, $92.8M)
Zoomo
(2017, Australia, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

52. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Commercial Vehicle
Manufacturers
44
52
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$70.8M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.5B
24
5
75
4
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Automaker (Tesla)
(# Cos: 4537 | $63.5B)
Commercial Vehicles (Nuro)
(# Cos: 613 | $6.8B)
Multi Category Commercial
Vehicles (Arrival)
(# Cos: 75 | $1.5B)
Arrival
(2015, United Kingdom, $111M)
Proterra
(2004, United States, $858M)
EVage
(2019, India, $32.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Quantron (2019, Germany)
$50.4M - Series A - Sep 2022
HVS (2017, United Kingdom)
$27.3M - Series B - Sep 2022
Endera (2018, United States)
$20.4M - Series B - Aug 2022
Urban Sphere (2022)
$36.9K - Angel - Sep 2022

53. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
eCar Ride Hailing Platforms
45
53
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$70.3M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$267M
16
-
45
3
Electric Vehicles (TIER)
(# Cos: 9985 | $88.0B)
Vehicle as a Service (Lime)
(# Cos: 1296 | $7.6B)
Cars (Europcar)
(# Cos: 294 | $999M)
Ride Hailing (BluSmart)
(# Cos: 45 | $267M)
BluSmart
(2019, India, $110M)
Lithium Urban Technolo..
(2013, India, $28.1M)
Hype
(2015, France, $113M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BluSmart (2019, India)
$37.0M - Series B - May 2023
Undisclosed - Series A - Dec 2022
$15.0M - Series A - Jul 2022
Hype (2015, France)
$16.3M - Series C - Jan 2023
Eprakriti (2019, India)
$2.0M - Series A - Oct 2022

54. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric 3 wheeler Cargo Manufacturers
46
54
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$69.3M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$174M
19
1
55
5
Electric Vehicles (Lime)
(# Cos: 9985 | $88.0B)
Automaker (Tesla)
(# Cos: 4537 | $63.5B)
Commercial Vehicles (Arrival)
(# Cos: 613 | $6.8B)
Light Commercial Vehicles (Altigreen)
(# Cos: 406 | $2.6B)
Cargo Vehicles (Nuro)
(# Cos: 72 | $2.3B)
Three Wheelers (Euler Motors)
(# Cos: 55 | $174M)
Euler Motors
(2015, India, $97.6M)
Altigreen
(2013, India, $48.8M)
Omega Seiki Mobility
(2019, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Euler Motors (2015, India)
$60.0M - Series C - Oct 2022
ONO (2017, Germany)
$6.3M - Series A - Dec 2022
Selex (2018, Vietnam)
$3.0M - Seed - Apr 2023
Gaius (2010, Taiwan)
Undisclosed - Seed - Jun 2022

55. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Internet First Farm Loans Marketplace
47
55
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$69.0M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$222M
32
-
67
6
Alternative Lending (Klarna)
(# Cos: 12962 | $97.5B)
Online Lenders (iGrow)
(# Cos: 75 | $235M)
Consumer Loans (Traive)
(# Cos: 67 | $222M)
Farm Loans (Jai Kisan)
(# Cos: 67 | $222M)
Marketplace (ProducePay)
(# Cos: 67 | $222M)
ProducePay
(2014, United States, $66.5M)
Jai Kisan
(2017, India, $85.6M)
Traive
(2017, United States, $30.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Jai Kisan (2017, India)
$50.0M - Series B - Jul 2022
Traive (2017, United States)
$10.0M - Series A - Oct 2022
HeavyFinance (2020, Lithuania)
$3.2M - Seed - Mar 2023
Verqor (2018, Mexico)
$2.5M - Seed - Jun 2022
iFarmer (2017, Bangladesh)
$2.1M - Seed - May 2022
Agroforte (2019, Brazil)
$1.1M - Seed - Oct 2022
Agrosperity Tech Solu.. (2021, India)
$12.7K - Seed - Sep 2022

56. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
OhmConnect (2013, United States)
$55.0M - Series D - Jun 2022
FlexiDAO (2017, Spain)
$6.5M - Series A - Jul 2022
FlexCharging (2017, United States)
$5.9M - Series A - Sep 2022
Shifted Energy (2014, United States)
$4.3M - Seed - Mar 2023
GridIO (2016, Estonia)
$978K - Seed - Oct 2022
Equiwatt (2015, United Kingdom)
$727K - Seed - Feb 2023
Flexecharge (2019, Denmark)
Undisclosed - Seed - Jul 2022
Demand Response Management
Systems
48
56
Back to index
Smart Grid (Octopus Energy)
(# Cos: 2339 | $12.2B)
Utility Management (Arcadia)
(# Cos: 731 | $2.6B)
Demand Response Management (Leap)
(# Cos: 163 | $948M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$63.2M (▼66.6%)
7( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
34
$948M
76
4
163
8
Leap
(2017, United States, $41.7M)
Enernoc
(2001, United States, $7.8M)
FlexiDAO
(2017, Spain, $6.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Onto (2018, United Kingdom)
$60.0M - Series C - Jul 2022
Voltric (2019, United Kingdom)
Undisclosed - Seed - Oct 2022
Online Car Subscription Platform
49
57
Back to index
Auto E-Commerce & Content (Carvana)
(# Cos: 9612 | $39.2B)
Subscription (Canoo)
(# Cos: 57 | $353M)
Cars (Onto)
(# Cos: 27 | $277M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$60.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$277M
10
-
27
3
Onto
(2018, United Kingdom, $241M)
Canoo
(2017, United States, $10.0M)
imove
(2018, Norway, $22.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
eSmart Systems (2012, Norway)
$40.2M - Series B - Aug 2022
BluWave-ai (2017, Canada)
$9.5M - Series A - Dec 2022
DCbrain (2014, France)
$5.3M - Series A - Jun 2022
Probus (2017, India)
$3.0M - Series A - Mar 2023
Grid Analytics Software
50
58
Back to index
Smart Grid (Octopus Energy)
(# Cos: 2339 | $12.2B)
Grid Management (AiDash)
(# Cos: 436 | $1.6B)
Analytics (BluWave-ai)
(# Cos: 117 | $321M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$54.9M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$321M
51
-
117
7
BluWave-ai
(2017, Canada, $17.8M)
SpaceTime Insight
(2008, United States, $54.6M)
eSmart Systems
(2012, Norway, $104M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

59. Sustainability Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
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